13051 Lancaster Lane Moreno Valley, CA $ 1,175,000
13051 Lancaster Lane
$ 1,175,000
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13051 Lancaster Lane

Moreno Valley, CA, 92553
$ 1,175,000
Baths1.0 Sq 4,000

Monthly Estimate*

$ 7,419

Listed by Century 21 Affiliated
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Studio

Multi-Family Home for sale in Moreno Valley, CA

for $1,175,000 with 1 full bath. This 4,000 square foot home was built in 1950 on a lot size of 0.62.

Four Detached Homes on One Parcel! Rare opportunity to acquire a unique Moreno Valley investment property featuring four detached 2-bedroom, 1-bath residences, each with an attached single-car garage, laundry hookups, and private outdoor space. Unlike a traditional fourplex, the detached layout offers many of the benefits tenants seek in single-family living while providing the efficiencies of multifamily ownership. The property consists of four standalone homes arranged around a spacious central drive with ample onsite parking. Each unit offers a functional floor plan with strong rental appeal. One residence has been substantially updated with central heating and air conditioning, an upgraded kitchen, and a remodeled bathroom, while the remaining units present an opportunity for future cosmetic improvements and rental growth through strategic updates. Ownership benefits from separate gas and electric meters for each residence, helping simplify utility management, while a shared water meter serves the property. The detached-unit configuration, individual garages, and private outdoor areas create a living environment that is uncommon among traditional multifamily properties and highly desirable among tenants. Conveniently located near the I-215 and SR-60 freeways, the property provides easy access throughout Riverside County and the Inland Empire. Residents are minutes from Costco, Sam's Club, Walmart, Target, Moreno Valley Mall, restaurants, schools, parks, and major employment centers. With current rental income, value-add potential through unit improvements, no HOA, and a detached-home layout rarely found in today's market, 13051 Lancaster Lane presents a compelling opportunity for investors, owner-occupants, and 1031 exchange buyers.

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Multi-Family Active

Price

$ 1,175,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.62

Year Built

1950

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

SW26142084

Days on Market

2

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Electric Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Overhead Utilities
Possession Close Of Escrow
Roof Asphalt Shingle
Appliances Free-Standing Range Range Hood Water Heater
Zoning R5
HOA Fee 0
Garage Spaces 4
Architectural Style Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1950
Electric Standard
Tenant Pays Cable TV Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 68400
Community Features Curbs Street Lights Sidewalks Urban
County Riverside
Net Operating Income 48286
Operating Expense 20114
Insurance Expense 2400
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions 215 to Eucalyptus to Landcaster Ln
City Moreno Valley
Entry Location Front
Senior Community Y/N false
Number Of Units Total 4
MLS Area 259 - Moreno Valley
Lot Size Units Square Feet
Lot Size Square Feet 27007
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Property Condition Repairs Cosmetic Turnkey
Trash Expense 1176
Water Sewer Expense 2160
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 11
Total Actual Rent 4350
Property Sub Type Additional Single Family Residence
Taxes 14378
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Interior
Flooring Tile
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Fencing Block Chain Link Wood
Lot Features Front Yard Lawn Rectangular Lot Yard
Water Source Public
Total Parking 4
Lot Size Area 27007
Foundation Details Slab
Number of Buildings 4
Spa false
Building Area Total 4000
Lot Size Acres 0.62
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
Road Responsibility Private Maintained Road
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* Excluded Features
List By
Century 21 Affiliated

Broker

adavid@teambroden.com

Email

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$7,419
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Monthly Principal & Interest
$7,419
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$1,175,000 Listed Price

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13051 Lancaster Lane, Moreno Valley, CA, 92553 is a Multi-Family Home for sale at $1,175,000 with 4,000 sqft and a lot size of 0.62. 13051 Lancaster Lane is a studio with 1.0 baths and was built in 1950. The property's zip code is 92553 which is in Moreno Valley, CA